• xep@kbin.social
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    6 months ago

    Perhaps “state managed” would be a better descriptor for Chinese private companies, since some now have personnel belonging to the CCP serving in management or board positions.

    • redcalcium@lemmy.institute
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      6 months ago

      Being a successful politician in China may allow you to control large companies. Being a successful businessman in US may allow you to control political parties. I guess the endgame is the same for powerful people in both countries.